TLDR
- Binance appointed SB Seker as Asia Pacific head to drive growth and compliance.
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Seker previously worked at Crypto.com, Ant Group, and MAS in senior roles.
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CEO Richard Teng said Seker will boost regulatory engagement across APAC.
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Binance handled $724.6B spot volume in August, far ahead of Bybit and Bitget.
Binance has announced the appointment of SB Seker, a former senior vice president at Crypto.com, as its new head of Asia Pacific. The move comes as the exchange focuses on building stronger relationships with regulators while expanding across one of the most diverse crypto regions in the world.
Binance SB Seker to lead regional strategy and compliance
Binance confirmed the appointment on Monday, noting that Seker will oversee operations and regulatory engagement across Asia Pacific.
“A core part of his mandate is to strengthen engagement with policymakers and regulators,” the company stated.
Before joining Binance, Seker worked at Crypto.com, where he managed global product development and handled legal and compliance matters in the APAC and MENASA regions. His experience spans both financial institutions and fintech companies, covering legal, regulatory, and operational roles.
Professional background and leadership experience
Seker has held senior legal positions at Ant Group, Rothschild & Co., and Amicorp Group. He also worked as a litigator in Australia and served as a lawyer at the Monetary Authority of Singapore, the country’s central bank.
Binance CEO Richard Teng welcomed the appointment, saying, “APAC has always been a key region for Binance, and Seker’s deep-rooted experience across its diverse markets makes him uniquely positioned to lead the company’s next phase of regional growth and engagement.”
Seker also commented on his new role: “By working closely with regulators, partners, and our broad community, I look forward to driving strategic initiatives and delivering robust operations throughout the region.”
Asia Pacific as a priority market
The Asia Pacific region includes both mature markets such as Singapore, Hong Kong, and Australia, and fast-growing markets like Indonesia, Vietnam, and the Philippines. These areas are increasingly shaping the global digital asset landscape, with regulators stepping up oversight and new rules emerging for investor protection and licensing.
For Binance, having leadership that understands the complexity of compliance in this environment is essential. Seker’s background at MAS is expected to be especially useful as the company navigates evolving regulations across multiple jurisdictions.
Binance market position and growth
Binance remains the world’s largest cryptocurrency exchange by trading volume. In August, the company reported $724.6 billion in spot market volume, up from $706.1 billion in July, according to The Block’s data dashboard. Bybit followed with $124.4 billion, narrowly ahead of Bitget at $124 billion.
The company continues to pursue growth opportunities while addressing regulatory requirements in different regions. The appointment of Seker signals a step toward reinforcing its compliance posture while ensuring operational stability in one of the most dynamic markets for digital assets.